bnbg - looking to the future..., page-23

Hi Dogby,
Did someone at BNB roger your hound?
The magic number "50%" refers to, if you are faced with an even money bet, and the payout is above the payout you would expect for such a bet.
ie if a security is at a buck, and you feel there is a 1 in 30 chance of it reaching $100, then the potential payout is greater than the risk you take.
Whether you take the bet, will be determined by what you feel the odds/payout parameters are.
This applies to all share buying, the numbers are just more extreme.
If you feel there is no value possible in BNB etc, don't play.
Some will agree, some will disagree.